Ready to make a deal on a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. If you have any questions about real estate in Jacksonville, North Carolina, contact me here or e-mail me
Are short sales good deals?
Occasionally. Often times people hear the phrase "short sale" and instinctively think of a seller that is in default and must sell their property promptly to avert further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on another's misfortune. In contrast, a lender may consider a short sale even if the seller is current, but property values have depreciated. In these instances the discounted price may in fact be in line with true market values instead of below.
What's involved in buying a short sale?
When it is time to buy, whether it is a short sale or a typical home sale,
Choice Jacksonville Realty is here to help. Use my experience and knowledge of real estate to feel confident you are getting a fair deal and protect yourself during the complete purchase transaction.